NOT LISTED FOR SALE

Ocean Hammock 900 Cinnamon Beach Way Unit 823 Palm Coast, FL 32137

Estimated Value: $613,000 - $690,000

3 Beds
2 Baths
1,344 Sq Ft
$1,210/mo HOA Fee

Last Sold October 18, 2024

Last sale price $670,000 $499 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,328/month

160 Days on Market

Highlights

  • Golf Course Community
  • Property fronts gulf or ocean
  • Open Floorplan
  • Old Kings Elementary School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of October 2024

BUYER'S FINANCING FELL THROUGH. SELLER MOTIVATED!!! INVESTOR'S DREAM! Luxury Oceanfront condo with direct beach access and conveniently located in the 900 building, the condo closest to the fantastic amenities of Cinnamon Beach such as the two pools, hot tubs, gym, game room, and the bar & grille. This one-of-a-kind condo stays rented almost 80% of the time. Sleep to sounds of ocean waves rolling in and enjoy gorgeous sunrises on your balcony. Kitchen, dining and living rooms are open concept, featuring beautiful wood cabinets, rich granite countertops, custom light fixtures, new windows as of 2023 and a comfortable sun-drenched outdoor patio! Master bedroom overlooks ocean with calming colors and beach designs. Master bath is an oasis, with all glass shower, dual vanities, and soaking tub. Both guest bedrooms are designed for comfort and fun with unique decor featuring both nautical and shark themes. Located in Palm Coast’s, Ocean Hammock, Cinnamon Beach Condominiums are unique in that they are the only direct oceanfront condos in the county that allow short-term rentals on VRBO/AirBnB. Ownership includes full access to all the amenities including 2 heated pools, spas, Splash Zone, fitness center, game room and Grille. A luxurious vacation favorite. Close enough for day trips to all of Florida's destinations but isolated from the hectic tourist traps. Guests overwhelmingly rave about the tranquility of this condo and keep coming back. THIS CONDO IS A MONEYMAKER, rental history available upon request. All bookings to transfer with sale of property.

Last Agent to Sell the Property

ANGIE THOMAS

LPT REALTY LLC (PALM COAST) License #3423697 Listed on: 03/01/2024

LPT REALTY LLC (PALM COAST)

Last Buyer's Agent

Dave Franklin

COASTAL GATEWAY REAL ESTATE GROUP License #3018235

COASTAL GATEWAY REAL ESTATE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,051

Year Built

  • Built in 2003

Lot Details

  • West Facing Home

HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Split Level Home
  • Entry on the 2nd floor
  • Block Foundation
  • Stucco

Interior Spaces

  • 1,344 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, common area taxes, pool, maintenance structure, ground maintenance, recreational facilities, security, sewer, trash, water
  • May Management Cheryl Shaw Association, Phone Number (386) 446-0085
  • Ocean Hammock Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to allowable golf cart usage in the community
  • 6-Story Property

Amenities

  • Restaurant

Recreation

  • Golf Course Community

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,051

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,210 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Maintenance Structure, Maintenance Grounds, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1344
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 1344
  • Lot Size Sq Ft: 13049
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: Palm Coast
  • Escrow State: FL
  • Escrow Street Name: Leanni Way Unit D4
  • Floor Number: 2
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 498.51
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 0
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Block
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Stories: 6
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 124.86

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Clubhouse, Fitness Center, Gated Community - Guard, Golf Carts OK, Golf, Pool, Restaurant, Sidewalks
  • Association Fee: 886
  • Association Fee Frequency: Monthly
  • Association Name: May Management - Cheryl Shaw
  • Phone: 386-446-0085
  • Association: Yes
  • Senior Community: No
  • Association #2 Fee: 480
  • Association #2 Fee Frequency: Quarterly
  • Association: No
  • Association 2 YN: 1
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Condo Fees: 492
  • Condo Land Included YN: 0
  • Association Email: cshaw@maymgt.com
  • Monthly Condo Fee Amount: 164
  • Development: Ocean Hammock

Fee Information

  • Total Annual Fees: 14520.00
  • Total Monthly Fees: 1210.00
  • Monthly HOA Amount: 886.00

Lot Info

  • Zoning: RESI
  • Parcel Number: 04-11-31-3513-00000-0823
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 8050.92
  • Tax Block: 0000
  • Tax Book Number: 1508
  • Tax Lot: 0823

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Oct 17, 2024
Sold by
Szymczak Neil Ralph and Szymczak Renae
Bought by
Cradick Holdings Llc
Seller's Agent
ANGIE THOMAS
LPT REALTY LLC (PALM COAST)
Buyer's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GROUP
List Price
$749,000
Sold Price
$670,000
Premium/Discount to List
-$79,000
-10.55%
Views
49
Current Estimated Value
$653,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,805
Avg. Annual Appreciation
-2.41%
Original Mortgage
$502,500
Outstanding Balance
$497,066
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$156,129

Purchase Details

Listed on
Aug 6, 2021
Closed on
Oct 28, 2021
Sold by
Coleman Donna D
Bought by
Szymczak Neil Ralph and Szymczak Renae
Seller's Agent
Mari Parks
TAKE ACTION PROPERTIES, LLC
Buyer's Agent
ANGIE THOMAS
LPT REALTY LLC (PALM COAST)
List Price
$625,000
Sold Price
$585,000
Premium/Discount to List
-$40,000
-6.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$438,750
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2016
Closed on
Jan 17, 2017
Sold by
H -H Of Va Llc
Bought by
Coleman Donna D and Coleman Bruce Anthony
Seller's Agent
Karla Goodman
TRADEMARK REALTY GROUP LLC
Buyer's Agent
Dave Franklin
COASTAL GATEWAY REAL ESTATE GROUP
List Price
$379,900
Sold Price
$352,500
Premium/Discount to List
-$27,400
-7.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
Original Mortgage
$317,250
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2009
Sold by
Vt Of Virginia Llc
Bought by
H-H Of Va Llc

Purchase Details

Closed on
Sep 25, 2003
Sold by
Centex Homes
Bought by
Godfrey Douglas A and Godfrey Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.32%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cradick Holdings Llc $670,000 Southern Title
Cradick Holdings Llc $670,000 Southern Title
Szymczak Neil Ralph $585,000 Covenant Closing & Ttl Svcs
Coleman Donna D $352,500 Professional Title Agency In
H-H Of Va Llc $605,201 Attorney
Godfrey Douglas A $381,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cradick Holdings Llc $502,500
Closed Cradick Holdings Llc $502,500
Previous Owner Szymczak Neil Ralph $438,750
Previous Owner Coleman Donna D $317,250
Previous Owner Godfrey Douglas A $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2024 10/18/24 Sold $670,000 -4.1% $499 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/27/2024 07/27/24 Price Changed $699,000 -4.1% $520 / Sq Ft
06/18/2024 06/18/24 Price Changed $729,000 -2.7% $542 / Sq Ft
04/16/2024 04/16/24 For Sale $749,000 0.0% $557 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $749,000 +28.0% $557 / Sq Ft
11/05/2021 11/05/21 Sold $585,000 -6.4% $435 / Sq Ft View Prior Sale
09/14/2021 09/14/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $625,000 +77.3% $465 / Sq Ft
01/17/2017 01/17/17 Sold $352,500 -7.2% $262 / Sq Ft View Prior Sale
12/18/2016 12/18/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $379,900 -- $283 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,386 $611,640 -- $611,640
2023 $8,386 $560,670 $0 $0
2022 $7,387 $509,700 $0 $509,700
2021 $5,108 $339,800 $0 $339,800
2020 $5,185 $339,800 $0 $339,800
2019 $5,260 $339,800 $0 $339,800
2018 $5,137 $323,900 $0 $323,900
2017 $4,634 $289,600 $0 $0
2016 $4,726 $289,600 $0 $0
2015 $4,545 $275,800 $0 $0
2014 $4,513 $275,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    ANGIE THOMAS

    LPT REALTY LLC (PALM COAST)

    (386) 986-0069

    41 in this area

    80 Total Sales

    ANGIE THOMAS
    Section Image
  • Dave Franklin

    Buyer's Agent in 2024

    Dave Franklin

    COASTAL GATEWAY REAL ESTATE GROUP

    (386) 569-8518

    16 in this area

    16 Total Sales

    Dave Franklin
    Section Image
  • Mari Parks

    Seller's Agent in 2021

    Mari Parks

    TAKE ACTION PROPERTIES, LLC

    (386) 569-6947

    162 in this area

    176 Total Sales

    Mari Parks
    Section Image
  • Karla Goodman

    Seller's Agent in 2017

    Karla Goodman

    TRADEMARK REALTY GROUP LLC

    (386) 931-2321

    202 in this area

    213 Total Sales

    Karla Goodman
    Section Image

  • A

    Seller Co-Listing Agent in 2017

    Allen Goodman

    COLDWELL BANKER REALTY

See All Agents

About Ocean Hammock

Map

Source: Stellar MLS

MLS Number: FC298559

Stellar MLS

APN: 04-11-31-3513-00000-0823

Florida Flagler County Palm Coast 32137

900 Cinnamon Beach Way Unit 823, Palm Coast, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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